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1003 NE Monroe Street

Peoria, IL 61603
  • $139,900
  • STATUS: Active
  • ON SITE: 66 Days
  • ID#: PA1264732
$139,900
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

High School:

Description

Investor opportunity in Peoria! This triplex property offers strong income potential and long-term upside. Featuring 5 total bedrooms and 3 bathrooms, the building includes multiple units with spacious layouts and a mix of 1- and 3-bedroom configurations. The property offers approximately 2,220 square feet and was originally built in 1900, providing classic character with value-add potential. Located in Peoria?s North Valley neighborhood, the property sits near local schools, downtown Peoria amenities, and major roadways for convenient access throughout the city. Currently generating $2,300 per month in rental income, this property presents an opportunity for investors looking to increase rents, improve units, or add to their rental portfolio. Whether you?re a seasoned investor or just starting out, this triplex offers the chance to build equity and grow cash flow in an established rental market. Seller pays water, tenants pay gas and electric.

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-05-15T23:44:49.487.
www.ashleycoker.com/homes/173929307
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1003 NE Monroe Street Peoria, IL 61603

  • Price: $139,900
  • Status: Active
  • On Site: 66 Days
  • ID#: PA1264732
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1900
Built
Neighborhood:
Morton
County:
Peoria
Area:
Paar Area
High School:
Manual
Property Description
Investor opportunity in Peoria! This triplex property offers strong income potential and long-term upside. Featuring 5 total bedrooms and 3 bathrooms, the building includes multiple units with spacious layouts and a mix of 1- and 3-bedroom configurations. The property offers approximately 2,220 square feet and was originally built in 1900, providing classic character with value-add potential. Located in Peoria?s North Valley neighborhood, the property sits near local schools, downtown Peoria amenities, and major roadways for convenient access throughout the city. Currently generating $2,300 per month in rental income, this property presents an opportunity for investors looking to increase rents, improve units, or add to their rental portfolio. Whether you?re a seasoned investor or just starting out, this triplex offers the chance to build equity and grow cash flow in an established rental market. Seller pays water, tenants pay gas and electric.
Exterior Features

Construction Materials Vinyl Siding Parking Features On Street Parking Total 0 Road Surface Type Paved Roof Shingle

Interior Features

Basement Unfinished Building Area Total 2220 Cooling None Heating ElectricForced Air Interior Features Cable AvailableHigh Speed Internet Number Of Central Air Units 1 Number Of Electric Meters 3 Number Of Gas Meters 3 Number Of Heating Units 1 Number Of Water Heaters 1

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 0 Insurance Expense 812 Lot Features Level Lot Size Dimensions 112.3x36 Manager On Site YN No Net Operating Income -3887 New Construction YN No Number Of Water Meters 1 Operating Expense 1032 Repossessed No Structure Type Conversion Tax Annual Amount 2854.66 Tax Legal Description Morton's Res'y & Sub Sw 1/4 Sec 3-8-8E Lot 4 & Ne 1/2 Lot 3 Blk 110 (96-16534) Tax Year 2024 Trash Expense 0 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Kaitlyn Vest of Keller Williams Premier Realty: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-05-15T23:44:49.487.
 
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Ashley Coker Team | The Real Estate Group
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Springfield IL, 62711